Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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OpenAI Reports Q3 Revenue of $10 Billion, Up 50% on Tuesday

According to The Information, OpenAI reported third-quarter revenue of approximately $10 billion on Tuesday, representing 50% growth. The company attributed the increase to strong demand for its AI models through API sales and continued growth in advertising revenue.
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CFTC Issues Warning to Kalshi Over Dozens of Prediction Market Contracts

According to sources, the U.S. Commodity Futures Trading Commission (CFTC) has issued a warning to prediction market platform Kalshi regarding potential charges over dozens of prediction contracts submitted without proper regulatory notification. The investigation, which has been ongoing for months, may ultimately be resolved through a settlement. Kalshi's spokesperson responded that the issue involves procedural errors in a small number of contract submissions, most of which have not yet launch
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Samsung Securities Receives Mid-Level Penalty for Manipulating Inspection Documents; Fined 43.16B Won on November 11

According to the Financial Supervisory Service (FSS) and Yonhap Infomax, Samsung Securities received an institutional warning—a mid-level penalty—on November 11 for systematically deleting and submitting false documents during an FSS inspection of its premium customer hub. The company was fined 43.16 billion won and ordered to pay an additional 40.38 billion won in administrative fines. The FSS found that Samsung Securities manipulated internal audit reports by removing sections detailing illega
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Claude Offers Free Full Usage Reset for Pro, Max, Ultra, Team Users Until Dec 10

According to ClaudeDevs on X, Claude on November 11 announced a one-time free full usage reset for all Pro, Max, Ultra, and Team users, covering all models and rate limits. The reset must be claimed by December 10 at 2 PM Pacific Time. Users can access the option in Settings > Usage. Claude attributed the reset to recent fixes for issues that caused rate limit depletion to exceed expectations. The company noted that a previous Fable reset provided limited relief to users who had exhausted weekly
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Strategy Faces Potential MSCI Index Exclusion on November 12, Risk of $2.8B Selling Pressure

According to MSCI, Strategy faces potential exclusion from the MSCI index, with results to be announced on November 12 at 7 a.m. Korean time. If removed, JP Morgan estimates approximately $2.8 billion in selling pressure could emerge, as exchange-traded funds tracking the MSCI index would need to adjust holdings. MSCI adopted new criteria in October that may exclude non-operating companies whose assets are primarily held for investment purposes rather than business operations. Strategy, the worl
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